WeWork Investment Will Probably Mean A $6.6B Loss For SoftBank
 

WeWork Investment Will Probably Mean A $6.6B Loss For SoftBank

SoftBank Group is preparing to lose more than $6B from the Tokyo-based firm's investment bet on WeWork. SoftBank, led by billionaire Masayoshi Son, has been the biggest backer of the once-prosperous coworking company, though the relationship has soured significantly since WeWork’s unsuccessful initial public offering and battering from the coronavirus crisis. 


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